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2 Comments
Want Lower Gas Prices? OK, Let's Increase Supply [view article]
Everything you say is absolutely correct and accurate. One must realize that Congress is more interested in 'media events' than 'solutions'.We must realize that the only 'immediate' relief to current high prices is to CUT CONSUMPTION, and the only 'intermediate-3 to 5 year' relief is to INCREASE PRODUCTION; which includes all the sources you pointed out that Congress will not allow production from.... and the only 'long term' relief will come from alternate sources of energy - 15-30 years away. Politics as usual. May 22 11:46 AM
Recession Fears Will Bring Oil Down to $70 [view article]
Let's be realistic.......the demand for oil increases expotentially while the supply of oil does not. Gasoline vrs. crude oil is only a part of the picture....after all crude oil contains many compounds that are part of various manufacturing processes.........i.e. resins for plastics, solvents etc. etc. Dream on.....dream on.....the world is changing, simple wishing will not change it. Jan 07 06:26 PM